Tampa
West Shore Pays $122M for Tampa Rental
The company acquired the 883-unit community with help from a $97 million Fannie Mae loan.
Construction Launches at Sarasota Luxury Condo Tower
GK Development commenced work on the 18-story building that will incorporate two existing structures dating from the 1920’s.
Class B Tampa Community Trades for $37M
The partnership buying the asset assumed a $21.4 million Freddie Mac loan from the seller of the 356-unit community.
Related Group Seals Largest Multifamily Deal in Tampa Bay History
Olympus Property paid more than $131 million for the 21-story luxury asset in Tampa’s Harbour Island.
InvestRes Sells Tampa-Area Portfolio for $29M
The two communities in Bradenton, Fla., total 297 units with one property designated fully affordable.
Tampa Community Commands $69M
The 318-unit Class A residential property was developed in 2017 by a joint venture of Glenmont Capital Management and Arlington Properties Inc.
Franklin Street Arranges $31M Sale of Affordable Tampa Community
The Reliant Group sold the 270-unit property in Bradenton, Fla. Darron Kattan, Kevin Kelleher, Zachary Ames and Avery Jordan represented both parties in the deal.
RADCO Pays $18M for Tampa Bay Community
The new owner plans to invest $2.8 million to reposition the property through unit and amenity upgrades.
Tampa Multifamily Report – Summer 2019
Investors seeking higher acquisition yields than those across South Florida have pushed the metro’s sales volume above the $2 billion mark every year since 2015.
Westside Capital’s Tampa Expansion Continues
The company’s $29.5 million acquisition of a 337-unit garden-style community marks its second investment in the metro’s Wellswood submarket.